Our Impact
Chartered by the State of South Carolina in 1983, South Carolina Research Authority is a public, non-profit corporation that fuels South Carolina’s innovation economy.
View 2025 SCRA Annual ReportHelpful Links
Economic Impact
$717M
SCRA’s impact on the South Carolina innovation economy in FY25.
3.7K
SCRA operations and programs supported 3,772 S.C.-based jobs in FY25.
$4.7M
SCRA and SC Launch Inc. awarded $4.7M in funds to companies, and academic institutions in FY25.
$91.9K+
The $91,959 average salary of SCRA Companies is
51% higher than the state average.
1.39M
SCRA owns and/or manages over 1.39 million square feet of research, lab, collaboration, and office space.
$3B
SCRA companies have received a total of $3B in follow-on funding since the inception of SC Launch Inc. in 2006.
Success Stories

Bubble Paper
Bubble Paper, an SC Launch Inc Portfolio Company, was developed to push the limits of paper and deliver an eco-friendly cushioning wrap that’s both versatile and super effective. From cushioning to thermal protection, this is a novel solution.
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Heartbeat Technologies
Heartbeat Technologies, an SCRA Member Company, has invented The SAVER, a device aimed at improving cardiac arrest outcomes. The SAVER improves CPR performance and confidence by increasing blood pressure providing real-time feedback on CPR effectiveness.
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Humimic Medical
Humimic Medical, an SCRA Member Company, is an industry leader in high-grade medical products. Their first invention, the ballistic gel, is best known for setting the standard for durability, quality, and reusability in synthetic medical gelatins.
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PulManage
PulManage, an SCRA Member Company, is a remote patient monitoring platform that provides connectivity between patients and providers to help better manage pulmonary health.
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Trane Technologies/IoTCo
IoTco, an SCRA Member Company, collaborated with TRANE Technologies to implement predictive maintenance A.I. technologies in their Columbia, SC plant on critical assets and components including press machines, motors, and fans.
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Victory ExoFibres
Victory ExoFibres, an SCRA Member Company, is a Clemson University-based start-up company, focused on the utilization of patented capillary-channeled polymer (CCP) fibers and films to efficiently isolate exosomes from body fluids.
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